Tag Archives Bay

Investigation could hurt VIP business at Marina Bay Sands

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A leading investment bank has reportedly warned that the recently-launched probe looking into whether Singapore’s Marina Bay Sands may have breached anti-money laundering procedures could end up costing the iconic venue a large share of the local VIP casino market. According to a Sunday report from Inside Asian Gaming, Malaysian brokerage Maybank Investment Bank ...

Las Vegas Sands Corporation facing Marina Bay Sands probe

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American casino operator Las Vegas Sands Corporation is reportedly facing an official federal probe into whether its Marina Bay Sands venue in Singapore breached anti-money laundering regulations. According to a Thursday report from the Bloomberg news service, the inquiry from the United States Department of Justice was launched after Marina Bay Sands’ former compliance ...

PAGCor disputes Casino Filipino Manila Bay debt allegations

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The Philippines’ state-owned gaming regulator has reportedly rubbished claims that its Casino Filipino Manila Bay facility had run up aggregated debts of over $41.35 million in the five years to the end of 2018. Mistaken identity: According to a Wednesday report, the Philippine Amusement and Gaming Corporation (PAGCor) responded to the allegation from the ...